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In a challenging market environment, Aehr Test Systems’ stock has reached a 52-week low, dipping to $8.56. The semiconductor test equipment supplier has faced significant headwinds over the past year, reflected in a substantial 1-year change with a decline of 46.58%. Despite the recent downturn, InvestingPro analysis shows the company maintains strong fundamentals with a healthy 7.5x current ratio and minimal debt-to-equity of 0.05. Investors have been cautious as the broader tech sector grapples with supply chain issues and fluctuating demand, factors that have contributed to AEHR’s stock performance reaching this low point. The company, known for its advanced testing solutions for semiconductor devices, continues to navigate through the industry’s cyclical nature and the current economic pressures that have led to this notable price level. With a beta of 1.93 and strong historical growth patterns, InvestingPro offers 13 additional key insights about AEHR’s market position and future prospects through its comprehensive Pro Research Report.
In other recent news, Aehr Test Systems reported its second-quarter fiscal 2025 earnings, which fell short of analyst expectations. The company posted an adjusted earnings per share of $0.02, missing the consensus estimate of $0.03, with revenue reaching $13.5 million, below the anticipated $15 million and down 37% from the previous year. Despite the earnings miss, Aehr Test Systems reaffirmed its full-year guidance, projecting revenue of at least $70 million, slightly below the analyst consensus of $70.84 million. William Blair analyst Jed Dorsheimer maintained a Market Perform rating on the stock, expressing some concern over revenue recognition and the timing of new customer ramp-ups outside silicon carbide.
Additionally, Aehr Test Systems completed its first shipment of the FOX-XP wafer level burn-in system to a customer in the artificial intelligence sector, marking a significant milestone for the company. This shipment aligns with Aehr’s strategy to expand into new market segments, including AI processors and gallium nitride for high-volume production. The company has secured its first AI processor customer for wafer level burn-in and volume production orders for package part burn-in. Aehr’s backlog stood at $12.4 million as of late November, with an effective backlog of $26.6 million, including recent bookings. The company ended the quarter with $35.2 million in cash and equivalents, a decrease from the previous quarter.
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